Jordan Schur Boosts Safety Shot with $3.4 Million Investment
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Safety Shot President Jordan Schur Invests in Growth
Safety Shot, Inc. (NASDAQ: SHOT) is thrilled to announce a significant financial boost, as President Jordan Schur invests $3.4 million through his family investment group, Core 4 Capital Corp. This investment illustrates not just confidence in the company, but also a dedicated step towards its expansion.
Details of the Investment
This recent funding comes after substantial fundraising efforts by Safety Shot. Earlier in the year, the company successfully raised $5 million in April and an additional $1 million in June through Core 4, culminating in a total investment from Core 4 of $9.4 million. This latest infusion of capital will see the issuance of 3,370,787 shares priced at $0.89 each, along with 3,370,767 warrants valued at $0.125 per warrant.
Strengthening the Company's Vision
Jordan Schur expressed his enthusiasm about the company’s trajectory, stating, “I have seen amazing progress in this Company since I joined approximately six months ago. The recent clinical trial by the Center for Applied Health Sciences demonstrates our product's efficacy in lowering blood alcohol content by enhancing its metabolism and alleviating post-drinking symptoms. I am excited about the future of the Company.”
Future Plans for Investment Utilization
The proceeds from this investment are set to enhance Safety Shot’s working capital and further the growth of its brand. The company aims to utilize these funds for various corporate purposes, including product innovation and market expansion strategies.
About Safety Shot, Inc.
Safety Shot, Inc. has emerged as a pioneer in the wellness and dietary supplement industry with its patented product designed to lower blood alcohol content. Apart from increasing clarity, energy, and overall mood, Safety Shot is the first of its kind globally. Consumers can purchase this innovative product online through various platforms, and the company plans to initiate business-to-business sales targeting distributors, retailers, restaurants, and bars in the upcoming year.
How This Investment Impacts the Market
The strategic investment by Schur through Core 4 is expected to resonate positively in the wellness sector. As consumer awareness of health and wellness products continues to grow, Safety Shot positions itself as a key player in providing cutting-edge solutions to help individuals manage their alcohol consumption effectively.
Connecting with Safety Shot
For those interested in learning more about the company and its offerings, Safety Shot encourages potential customers and investors to connect through their website and social media platforms, where they regularly update their community about new developments.
Frequently Asked Questions
What is Safety Shot, Inc.?
Safety Shot, Inc. is a wellness and dietary supplement company that specializes in products designed to lower blood alcohol content and enhance overall well-being.
How much did Jordan Schur invest?
Jordan Schur invested an additional $3.4 million in Safety Shot through his family fund, Core 4 Capital Corp.
What will the investment be used for?
The funds will be utilized for working capital, general corporate purposes, and the growth of the Safety Shot brand.
Where can I purchase Safety Shot products?
Safety Shot products are available for purchase online through multiple platforms including the company’s official website and Amazon.
Is Safety Shot involved in B2B sales?
Yes, Safety Shot plans to introduce business-to-business sales targeting various distributors, retailers, and venues throughout the year.
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